Taylor Wimpey Share Discussion Threads

[craftyale] 21/12/2023 07:13

United Kingdom: positive impact of CPI decline on real estate market due to expected reductions in mortgage repayments -- Market Talk Source: MF Dow Jones (Italian) Original article published on Dow Jones English Newswire, translated by the Il Sole 24 Ore Radiocor editorial team. (Il Sole 24 Ore Radiocor Plus) - Milan, 20 December - The UK's annual inflation rate, measured by the consumer price index, fell to 3.9% in November, from 4.6% in October, and that's good for the real estate market, according to RBC Capital Markets. UK housebuilders' share prices currently show a high degree of sensitivity to mortgage rate expectations, rising when the Consumer Price Index and mortgage rate expectations fall and falling when the CPI is higher than expected , analysts Anthony Codling and Oliver Dyson said in a note. A drop in mortgage rates means more people will be able to buy a home, thus boosting housing market activity, analysts say. Shares in Persimmon, Barratt Developments, Taylor Wimpey and British Land Company are up 1.7%, 1.65%, 1.8% and 1.3% respectively. ([e-mail]) (END) Dow Jones Newswires December 20, 2023 04:36 ET (09:36 GMT) Copyright (c) 2023 Dow Jones-Radiocor

[jugears] 20/12/2023 22:26

Well done to all of us that had the common sense & hindsight to invest below 90p & are still holding! the general feeling that I am getting from visiting sites is that hb's are planning to ramp up production in the new year.

[1carus] 20/12/2023 18:26

I would not want to be short here into the summer. Some epic numbers I think heading this way.

[craftyale] 20/12/2023 15:00

Dec 18th.......UBS raises Taylor Wimpey to 'buy' (neutral) - price target 160 (126) pence

[tlobs2] 20/12/2023 14:30

If Marshall Wace and/or Qube Research are looking to buy any of my TW shares then the price will be nearer 155p-160p, that includes the chunk I bought a few weeks ago at just 103p :-)

That was when Sikhthetit, Some Sun$hite today and Uhound were are saying that we were doomed.

LMAO

[cestnous] 20/12/2023 13:51

It’s up again but perhaps you haven’t noticed.

[sikhthetech] 20/12/2023 12:48

Jugears,

"Not many"

That's a usual vague, meaningless reply.

Please give a %, is it 1%, 10%, 20%?

The Scottish and Welsh Governments increasing taxes and concentrating on spending more on the NHS will impact affordability.

[netcurtains] 20/12/2023 12:16

The ONS says the UK population will be over 70M by 2027....
Whatever the economic situation on any particular month or even year,
the UK will need to constantly build more and more houses for at least
the next 10 years....

[tlobs2] 20/12/2023 08:41

Blackrock now giving Marshall Wace a swift kick in the nuts!

This is going horribly wrong for them and Qube Research :-)

[craftyale] 20/12/2023 08:06

Lovely. It's all coming together nicely. Filter the noise, focus on price. More shorts closing soon. Ouch.

[craftyale] 20/12/2023 07:06

Today's RNS.....BlackRock has increased its position again.

[fenners66] 19/12/2023 23:28

Is that troll desperately looking for something else to be wrong about...?

How do councils raise more funds ?

They levy council tax on new houses they get to keep council tax - not business rates.

[netcurtains] 19/12/2023 19:56

BBC Radio 4: Councils being forced to build more A LOT MORE houses....

[sikhthetech] 19/12/2023 19:07

Scottish government increasing taxes. Introducing new tax bands to pay more towards NHS.
Affordability in Scotland getting worse.

I'd expect HBs building in Scotland to be impacted. How many homes do TW. build in Scotland?


Scottish Budget: Higher earners to pay more income tax

[sikhthetech] 19/12/2023 19:06

Jugears,

HBs are building less, aren't they?

Council's planning departments are likely to reduce the number of staff within that department. They need to reduce costs.

[jugears] 19/12/2023 15:58

Considering how much hb's pay councils when they apply for planning, then take into account how much council tax will be coming in from a housing development or big warehouse, then I don't see issues in that department probably the only department that earns the council money!

[sikhthetech] 19/12/2023 15:48

Martyn

Absolutely, councils will have to raise council tax. The problem is they are limited by how much they can raise it.

Given wage inflation was increasing significantly more than the limit imposed on council tax and add the significant increase in utility costs, the councils won't be able to cover all their increased costs.

They will still have to make cut backs and many will still go bankrupt.

[martyn9] 19/12/2023 14:54

Councils will as usual raise council tax to cover their ludicrous lump sum retirement payments and gold plated guaranteed pensions on top.
The bent local council gravy train should be stopped immediately, but are a law to themselves as central government.

[sikhthetech] 19/12/2023 14:36

There's a growing list of councils going bankrupt or on the verge of doing so.
They have to choose between which services to axe and which to keep.

Why would planning be a priority?
Why would HBs build more when housing market is falling?





If councils raise council tax then it worsens the already dire cost of living crisis and makes affordability even worse.

[clarky5150] 19/12/2023 13:16

Can expect a little volatility in the price if those shorts are being unwound

[clarky5150] 19/12/2023 13:15

UBS raised TW. from neutral to Buy yesterday with price target of 160p.


They really haven't got a clue some of these researchers. How can they Raise TW but lower several other similar companies in the sector. Beggars belief!

[tlobs2] 19/12/2023 08:27

Oops, posted on the wrong thread!

Rising to 150p after todays announcements from GOVE ?

Michael Gove, in a speech in central London on Tuesday, is set to say that he will call out local authorities where planning performance has been poor.

He is expected to pledge to intervene if there have been delays to house building as a result of poor performance among planning teams.

In his address, the cabinet minister is also due to announce a series of measures to boost planning performance across the system.

A source at the Department for Levelling Up, Housing and Communities (DLUHC) said: “We have been clear that the government is on the side of the builders and not the blockers – councils must play their part and deliver the homes this country needs, without concreting over the countryside.

“The housing secretary has already told councils that they need to step up, and we are providing a lot of support to help them do so — so those that continue to drag their feet can expect to face government intervention.”

The housing secretary, in an interview with The Times, said there would be “no excuse” for not dealing with planning applications promptly under reforms designed to deal with England’s housing shortage.